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- 2011-7-2
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- 2014-10-24
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14#
发表于 2011-7-13 13:55
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Black Swan Wrote:
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> My understanding is that the difference between a
> private exchange fund and a public exchange fund
> isn't the type of investments but simply the
> manner in which they are organized.
Yes, that was my understanding as well. I.e. Public can not change investments once contributed to exchange fund while Private you can subsitute investments, etc. but that answer from CFAI, just got me all confused -- we don't need that kind of confusion right now |
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